Anyway, the Feds say they are going to stop pumping as soon as 2014, if the economy improves, which they believe is showing signs of improvement. Thats whats triggering the sell off right now. I dont think it will be as bad as some people think.

I can do my best Russian impersonantion and say I went 100% into the US dollar, but I would be lying.

Went to cash until yesterday then put most of it back in to a few balanced funds I use. I know these funds have bonds too, but I figured this was a better place than cash. I also parked some of it in PBSMX.

Myself, first thing this morning, I bought 1,000 shares of Gold Corp at 24.51. Then I put my sell order in for all at $24.92. Quick $400 in 30 minutes. God, I love a dropping market. Way to easy of picking.

I do as well on gold and silver. I was very bullish on gold until it broke the 1500 level. Any PM purchases should be viewed as short term trades IMO. Buying for long term isn't going to work out to well IMO, especially when compared to stocks.

quote:Went to cash until yesterday then put most of it back in to a few balanced funds I use. I know these funds have bonds too, but I figured this was a better place than cash. I also parked some of it in PBSMX.

Thanks. PBSMX has a duration of 2.91. I will be reallocating among stock mutual funds and bond mutual funds at the end of the month. One of my funds is a stable value fund with a low duration. That's the one I've been moving money to play defense on my bond side.

quote:PBSMX is an A share with a 3.25% front load. I am able to buy it on a load waived basis, so it makes sense for me. I am sure they have other share classes, but I would not pay a load to buy it.

Thanks. Don't plan on buying that one. I was just wondering where you were moving that money to. I am favoring low duration bonds and dividend paying stocks. Looks like we may be getting some higher yields from dividend paying stocks if the market keeps droping.